A new legislative proposal would permanently eliminate taxes on Social Security benefits, and expand payroll taxes to ...

A new proposal by Senator Rubén Gallego aims to eliminate federal income taxes on Social Security benefits, potentially ...

A Democratic senator has taken up legislation that would permanently eliminate federal income taxes on Social Security benefits while raising payroll taxes on wealthy Americans to shore up the program ...

In addition to nixing federal taxes on benefits, the proposal would raise the Social Security payroll tax cap to include annual earnings over $250,000.

Now, Sen. Ruben Gallego, D-Arizona, introduced a bill on Thursday — titled the You Earn It, You Keep it Act — to eliminate ...

No provision in the new tax bill makes Social Security benefits tax free. Social Security benefits began being taxed at the federal level in 1984 to shore up the Social Security trust fund, which was ...

President Trump has often declared that seniors should not pay taxes on Social Security benefits. While it may just seem like another former campaign promise, the White House moved forward with some ...

President Donald Trump’s key tax and spending legislation will result in a net increase of $168.6 billion in Social Security program costs over the next decade. A new analysis from the Social Security ...

Unfortunately for many retirees, benefit cuts could be a possibility in the next decade. Here's why, plus what you can do to prepare.

The top actuary for Social Security's trust funds on Tuesday confirmed that the insolvency date of those funds has moved up due to the recently-enacted tax and spending package, leaving policymakers ...

Some in Congress have finally worked out that some of your Social Security retirement dollars should be invested. But is it too late? We're still short $25 trillion. "Let joy be unconfined. Let there ...

All the misleading buzz about Social Security and tax cuts for seniors in "One Big Beautiful Bill" foreshadows one ugly scene after another at tax preparation offices next year. It's not going to be ...